Bitcoin Plunges Below $62 000 as Crypto Bulls See $290 Million Liquidations

Bitcoin’s (BTC) attempt at a modest rally during US trading hours on Friday was swiftly quashed. The largest cryptocurrency experienced a sharp drop, falling from $65,000 to below $62,000. This sudden decline triggered a wave of liquidations, erasing $290 million in both long and short positions over the past 24 hours. Bitcoin Sinks Below $62,000 The recovery rally ahead of the... source: https://beincrypto.com/bitcoin-plunges-crypto-bulls-see-liquidations/